List of Profitable Business Ideas in Services Sector,....

Introduction
www.entrepreneurindia.co
The services sector is not only the dominant sector in India’s GDP, but has also
attracted significant foreign investment flows, contributed significantly to exports as
well as provided large-scale employment. India’s services sector covers a wide variety
of activities such as trade, hotel and restaurants, transport, storage and
communication, financing, insurance, real estate, business services, community,
social and personal services, and services associated with construction.

The services sector is the key driver of India’s economic growth. The sector
contributed around 53.8 per cent of its Gross Value Added in 2016-17 and employed
28.6 per cent of the total population. Net services exports from India grew 14.6 per
cent in the first half of 2017-18 and the sector attracted 60.7 per cent of India’s
total FDI inflows.

Trade Performance of India’s Major Services in 2016-17 (US$ Billion)

The Reasons for the growth of the Services Sector contribution to the
India GDP
The contribution of the Services Sector has increased very rapidly in the India GDP for
many foreign consumers have shown interest in the country's service exports. This is
due to the fact that India has a large pool of highly skilled, low cost, and educated
workers in the country. This has made sure that the services that are available in the
country are of the best quality. The foreign companies seeing this have started
outsourcing their work to India specially in the area of business services which
includes business process outsourcing and information technology services. This has
given a major boost to the Services Sector in India, which in its turn has made the
sector contribute more to the India GDP.

Performance in Service Sector

The Indian Information Technology (IT) sector has a large global presence,
spanning 200 cities across 86 countries in the world and has been growing rapidly
over the last few years. The size of the sector in 2015-16 was US$143 billion and the
sector is expected to reach US$155 billion by 2017. The IT sector contributed 9.5% to
the country’s GDP and more than 45% in total services exports in 2015-16.
Total revenues from the sector amounted to US$143 billion with majority of the
revenues coming from exports.

Total value of exports stood at US$108 billion in 2016, with the export market
growing at a CAGR of 13.5%. North America is the major destination for IT exports
and generates 60% of the export revenue.
The software and hardware sectors attracted cumulative FDI inflows worth
US$21.02. With 3.7 million people employed, the sector is a major contributor with
respect to employment generation and is also the fourth largest urban employer of
women, adding to gender parity and social progress.

Rapid digital transformation across industries, growing internet penetration,
affordable new age technologies such as artificial intelligence, robotics, and virtual
reality and rising demand for cost effective IT services in emerging economies are
some of the key demand drivers for this sector.
The domestic IT market in India has a high growth potential driven by Digital India
initiatives of the Government. There are also significant opportunities for the sector
in terms of regional global expansion, given that Japan and China are the largest
technology spenders in the Asia Pacific region.

Amusement parks are an integral part of the global leisure and entertainment
industry. The industry can be broadly categorised into amusement parks, theme
parks and water parks. The sector can also be broadly segmented on the basis of the
catchment area that they cater to, along with the type and scale of activities they
offer. Global amusement parks can also be classified on the basis of the concepts
and themes around which a park/ offering is designed such as thrill & adventure,
sports & edutainment, amongst a few.

Every year industry is seeing 15-20 percent growth in the sector – be it expansion of
existing parks or the setting up of new ones. The Industry has been growing at a
compounded annual growth rate (CAGR) of more than 17.5 percent with annual
revenue of approx. INR 17 billion and estimated to grow to at least INR 40 billion by
2020.
The water park industry has shown continued growth in 2014 with increased
numbers of indoor and outdoor water parks being developed throughout the United
States and Canada. Our projections for 2015 show a number of new openings will
occur throughout North America, which will boost the supply of water parks and
increase revenues for this growing industry.

The Indian tourism and hospitality industry has emerged as one of the key
drivers of growth among the services sector in India. Tourism in India has significant
potential considering the rich cultural and historical heritage, variety in ecology,
terrains and places of natural beauty spread across the country.
India is expected to move up five spots to be ranked among the top five business
travel market globally by 2030, as business travel spending in the country is
expected to treble until 2030 from US$ 30 billion in 2015.

International hotel chains will likely increase their expansion and investment plans
in India, and are expected to account for 50 per cent share in the Indian hospitality
industry by 2022, from the current 44 per cent.
The hospital services’ market represents one of the most lucrative segments of the
Indian healthcare industry. Various factors, such as increasing prevalence of
diseases, improving affordability, and rising penetration of health insurance are
fuelling the growth in the Indian hospital industry. Several private players are also
entering the sector with new plans of establishing hospitals and health centers
around the country. On the back of continuously rising demand, the hospital services
industry is expected to be worth US$ 81.2 Billion by 2015.

Healthcare has become one of India’s largest sectors - both in terms of revenue and
employment. The Indian healthcare market is expanding rapidly. The Indian
healthcare industry amounted to $110 billion in 2016 and is expected to reach $280
billion by 2020 due to increased demand for specialized and quality healthcare
facilities. Health care has become one of India's largest sectors both in terms of
revenue and employment. The industry is growing at a tremendous pace owing to its
strengthening coverage, services and increasing expenditure by public as well private
players.

Service sector is the lifeline for the social economic growth of a country. It is today
the largest and fastest growing sector globally contributing more to the global output
and employing more people than any other sector.
The real reason for the growth of the service sector is due to the increase in
urbanization, privatization and more demand for intermediate and final consumer
services. Availability of quality services is vital for the well being of the economy.
In advanced economies the growth in the primary and secondary sectors are directly
dependent on the growth of services like banking, insurance, trade, commerce,
entertainment etc.

In alignment with the global trends, Indian service sector has witnessed a major
boom and is one of the major contributors to both employment and national income
in recent times. The activities under the purview of the service sector are quite
diverse. Trading, transportation and communication, financial, real estate and
business services, community, social and personal services come within the gambit of
the service industry.
One of the key service industry in India would be health and education. They are
vital for the country’s economic stability. A robust healthcare system helps to create
a strong and diligent human capital, who in turn can contribute productively to the
nation’s growth.

Niir Project Consultancy Services (NPCS) can provide Detailed
Project Report on Required Project
List of Profitable Business Ideas in Services Sector,
Hospitality Sector, Education Sector, Healthcare
Industry, Leisure and Entertainment Industry.

Here are few Projects for Startup:
 NATURE CARE CENTRE
God makes the universe in which world is one place. Where human beings other
animals and plant kingdoms are lived. In this world God has created so fine things
and relations where everybody is attached with other without any plants or animal.
Read more

 COMMERCIAL MARKET
Market is a place, from where we can purchase everything of our daily use. The
things we purchase from market a mainly of two types (i) consumable and (ii)
Durable. In a commercial market, the building is made only for making of shops and
offices. Read more

 GAMES PARLOUR
There is human society being developed from since immemorial by the way of gather
food, shelter and safety. When human being are built up society due to progress of
civilization. Due to progress of civilization. There is need of development recreations,
to transfer the view of one man to another, by this way formation of society. Read
more

 ONLINE SHOPPING MALL
With an explosion of new web sites, almost anything for sale in shopping mall can be
bought on internet at a faster speed and cheaper price. The speed, convenience and
immediacy of e-commerce technology, coupled with entertaining shopping experience
created on net, make shopping on line a thrilling experience. Read more

 OLD AGE HOME ORPHAN CHILDREN HALL AND DHARAM SHALA
Old age home is an establishment where retired persons as well as old man can stay
safely and happily. Though this old age home will be a business center in one way,
but it is also a special service in other way. The home should have a very good
governing body that can control the working atmosphere of the office and the
members of the home. Read more

 HOLIDAY RESORT
India is a booming hospitality market, yet it has minuscule contribution to the timeshare
business model existing worldwide. USA alone comprises two-thirds of the global market.
Though vacation ownership has been growing at a CAGR of 20 per cent for the last three-four
years, Read more

 NURSERY SCHOOL
A nursery school is a school for children between the ages of three and five, staffed
by qualified teachers and other professionals who encourage and supervise
educational play rather than simply providing childcare. It is generally considered
part of early childhood education. Read more

 CANCER HOSPITAL (TREATMENT & RESEARCH INSTITUTE)
The word "Cancer" is widely associated with impending death amongst a large
number of people. This is understandable as Cancer is a killer disease. According to
the W.H.O., globally one out of three women and one out of four men are likely to get
cancer in their lifetime. Read more

 PHARMACY COLLEGE (B-PHARMA & D-PHARMA)
There is need of pharmaceutical college in India for the development of country and
give the better opportunity to the general merit. Now-a-days highering of technology
and running of administration is the main tool of the Indian industries as well as in
the educational systems. Read more

 THREE STAR HOTEL
India offers myriad exciting experiences to tourists. The country boasts of the world's
highest mountains, miles of coastline with excellent beaches, tropical forests and
wildlife, lagoon backwaters, ancient monuments and World Heritage sites, forts and
palaces, and of course, the Taj Mahal. Read more

 MANAGEMENT COLLEGE (BBA, BCA, MBA, MCA)
In modern times of unpsurging business network in regard to novel business
strategies being implemented, Management College occupies a conspicuous rich, and
its significance cannot be underestimated. The basic aim of Management College is to
enlist a student for more effective Read more

 TRADING BUSINESS (IMPORT AND EXPORT- MERCHANT)
International trade is the exchange of goods and services between countries. This
type of trade gives rise to a world economy .The economy of India is the fourth largest
in the world with a GDP. Growth in the Indian economy has steadily increased since
1979. Indian economy has posted an excellent average GDP growth. Read more

 HOTEL
Hotel industry totally depends on the growth of the tourism as well as proper import
and export growth of the country. If there are good countries associated in the
territory of the region, there will be good scope for business transaction, hence there
will be good scope for hotel industries due to the visits of the executives of different
countries. Read more

 POLYTECHNIC COLLEGE (TECHNICAL EDUCATION INSTITUTION)
Technical Education plays a vital role in human resource development of the country
by creating skilled manpower, enhancing industrial productivity and improving the
quality of life. The technical education system in the country can be broadly
classified into three categories Central Government funded institutions, Read more

 MARINE ENGINEERING COLLEGE
The direction in which education starts a man will determine his future life. A good
degree course module recognize the wisdom in what was stated by the great
philosopher hundreds of year ago. Marine Engineering is a branch of Engineering
that deals with nautical Architecture and Science. Read more

 HOSPITAL (30 BEDS)
The growth in the health care services in the country is primarily driven by the 350
million strong middle class people aspiring for quality health care services, thus
increasing international confidence on India as a potential, high quality and low cost
medical tourism destination. Read more

 BANQUET HALL
Indian traditions are so rich and our emotional standards are so high that most of
the ceremonies/functions become simply a monument of show-off and extravagance.
Banquet halls are within the reach of almost every strata of people. Moreover, the
style of functioning of these banquet halls suits every Indian as well as foreigners.
Read more

 RESIDENTIAL APARTMENT
Residential Apartment is a part of housing, which has encouraging scope or
development. House is a very complex term. A building or part of building having a
separate main entrance from the road or common courtyard or stair case etc. used or
recognized as a separate unit. Read more

 DENTAL COLLEGE
Dental education occupies a place of pride in the field of medical studies. The basic
aim of the dental colleges is to provide health-oriented courses that emphasize the
prevention of oral diseases. In a human body mouth is considered to be the mirror
dental health being intimately related is part and parcel of the general health and
wellbeing of an individual. Read more

 GOLF COURSE
Golf is quite a respectable and expensive game. Participants of golf course are
considered as regardable and honourable people of the society. Golf courses requires
a large area of Land for playing the game as well as to accommodate the other
amenities required for the participants. Read more

 SCHOOL (RESIDENTIAL)
Compulsory state education begins at 5 years but permissive legislation allows local
education authorities to build also for children of 3 to 5 years, either in separate
building or in nursery groups attached to primary school. The compulsory school age
is 5 years to 16 years and the sizes of classes are to be reduced from 50 to 40
children in primary school, Read more

 AUTOMOBILE WORKSHOP, GARAGE AND SERVICE CENTRE
A limited nos. of manufacturers of various types of automobiles vehicles in India.
More & more enterprises are coming up with something designs, research and
development consequently more no. of vehicles are produced. The inspection/survey
indicates, that future of service stations/workshop centre for automobile have a
tremendous scope. Read more

 GREENHOUSE (PLANT MICROPROPAGATION)
Green houses are frequently used to control or modify the exciting environmental
factor, which effects the plant growth. A green house is a structure covered with
transparent material that utilizes solar radiant energy to grow plants. The majority
of green houses have heating, ventilating and cooling equipment for temperature
control. Read more

 AMUSEMENT PARK
The human life in cities is becoming more and more mechanical because of noise
pollution, environments pollution, increasing vehicular traffic and growing
industrialization. To ease some of the tension of this monotonous life, people crave
for relaxed and peaceful environment, where leisure along with children and family.
Read more

 CYBER CAFE (INTERNET BROWSING CENTRE)
A cyber cafe is a cafÃƒÂ© that has a number of personal computers connected to the
Internet and available for use by customers. Cyber cafÃƒÂ© are also called Internet
Browsing Centre, Internet Kiosks, Internet Browsing Club, Internet Hub, Chat Centre
and so on. Read more

 SAFARI PARK
A safari park, sometimes known as a wildlife park is a zoo like commercial tourist
attraction where visitor’s car drive in their own vehicles or ride in vehicle provided
by the facility to observe freely roaming animals. Safari is trip on land usually in
jungle or savanna environment which is engaged in for the purpose of viewing or
hunting animals. Read more

 RESTAURANT (WITH MICRO BREWERY)
A restaurant is simply a place to have food outside your home. It is smaller in size
than a hotel as it does not have accommodation facilities. It is an establishment
that serves the customers with prepared food and beverages to order, to be consumed
on the premises. The term covers a multiplicity of venues and a diversity of styles of
cuisine. Read more

 FOOD PARK
Food Parks are comprehensive industrial estates for food processing units where the
industries would have provision of common facilities like cold storage, cold chain,
effluent treatment plant, warehousing power connection, water facilities, sewerage
etc. Read more

 FIVE STAR HOTEL
The hotel industry is an important component of tourism industry. Its foreign
exchange earning capacity is also high. The irritation of economic reforms in this
country gave a boost to the hotel industry. The demand for rooms in hotels by foreign
businessmen has increased sharly. Read more

 FAST FOOD CENTER (RESTAURANT) WITH KIDS PLAZA
India is one of the most populations growing country of the world. Urgent need of
human beings is food and dress. Now a day there is a scarcity of living place as well
as open playground for children. Making of kids entertainment center with food
center is one of the ways to fulfill the society’s need. Read more

 HOLIDAY RESORT & ENTERTAINMENT CENTRE
There is rapid urbanisation cause of exploitation of nature. Due to exploitation of
nature pollution will be increase and thus healthy human life has been suffered to
want of clean air. Now in most of the town of the world has been full of dirty air,
which causes of chronic diseases. The beauty of greenery has gone up. Read more

 AMUSEMENT PARK CUM WATER PARK
The human life in cities is becoming more and more mechanical because of noise
pollution, environment pollution. For relaxed and peaceful environment, leisure and
entertainment is required to children and family. There are various sources of
entertainment like cinema, circus, tourist spots, videogame, orchestra etc. Read
more

 WATER PARK
In ancient India, there was large use of water in the Tapovana, and different
Ashrams in the forests. Elephanta caves in the Maharashtra can be considered as
Water Park. Now the water park is the good idea of amusement. It is very good assets
created by human being to enjoy the natural scenery artificially, Read more

 INFORMATION TECHNOLOGY (IT) PARK
IT park is basically construction unit which will be used by MNCs technical men or
business men for the development of technology based on computer related products,
telecommunication products, robotic products etc. This park fundamentally divided
in four parts basic, IT industries and IT enabled services, Read more

 MEDICAL DIAGNOSTIC CENTRE
Modern diagnostic centre provides a wide scope for detection of ailments and afford
facilities for a detailed medical check-up through diagnostic procedures. To
accomplish this objective a modern diagnostic centre should be well equipped with
most modern instruments. Read more

 SUPER SPECIALITY HOSPITAL
The Indian healthcare industry is divided into two segments - services and
manufacturing. While the manufacturing segment consists of medical equipment
manufacturing industry and pharma production, the services segment is basically
split into direct services and indirect services. Read more

 SATELLITE BROADCASTING TV CHANNEL
The Indian television business is packed with contra dictions as of October 1999. On
the one hand, it has some 70 million television homes, giving a viewing population of
close to 400 million individuals. They have a gaggle-bag of 100 plus channels to
choose from, but on the other hand, Read more

 DTP, E-MAIL, INTERNET AND LEASED ACCESS FOR COMMERCIAL PURPOSE
Evolution of cheap and powerful microcomputers, development of comprehensive and
word processing and page planning software and availability of near letter quality
laser printers with ability to mix various styles and graphics, have made concept of
Desk top publishing reality. Over the last few years, Read more

 DRY CLEANING AND LAUNDRY UNIT
Cleaning requirement is everywhere in the world. Cleanness is the source of beauty.
Laundry unit is one of the unit where dirty clothes are cleaned. Majority of people
wants to clean their clothes through machines only. Dry cleaning has done by using
special type of solvents like kerosene and petrol. Read more

 POWER LAUNDRY
There is cleaning requirement everywhere. Cleanliness is the sources of beauty and
also the placement of God. If we wear dirty clothes no one wants to talk with us, in
such cases laundry unit is one of the unit by which dirty clothes are cleaned by
operations because if our clothes are clean everyone wants to talk with us. Read
more

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